Clark Company Uses the Indirect Method to Prepare Its Cash

Multiple Choice

Clark Company uses the indirect method to prepare its cash flow statement.Refer to the following information for the year 2016. Net cash provided by operating activities: $41,000
Net cash used for investing activities: $(28,000)
Net cash provided by financing activities: $1500
How much was the net change in cash during the year?

A) $(13,000)
B) $39,500
C) $(14,500)
D) $14,500